SIMRP Scholarship Funding for Schools
Supporting Students Through Scholarship Funding
Scholarship funding can help graduating seniors pursue college, technical training, and other educational opportunities without increasing the school district’s budget.
Through its commitment to educational organizations, SIMRP Health & Wellness provides ongoing scholarship contributions based on employee participation in the Plan.
HELPING STUDENTS PURSUE THEIR NEXT CHAPTER
How SIMRP Scholarship Funding Works
SIMRP Health & Wellness contributes $4 per participating employee each month to the educational organization’s scholarship fund.
For example, 3,500 participating employees would generate $14,000 per month—or $168,000 per year—in scholarship funding. Contributions continue for as long as the SIMRP Plan remains in place and eligible employees participate.
MONTHLY FUNDING BASED ON EMPLOYEE PARTICIPATION
Honor an Educator’s Legacy
A scholarship can be named in honor of an educator, administrator, staff member, or community leader whose service has made a lasting difference.
Scholarship dollars may support graduating seniors or be used for teacher certification and continuing education. This allows each educational organization to invest in both future students and the professionals who serve them.
RECOGNIZING THOSE WHO MAKE EDUCATION POSSIBLE
Explore Scholarship Funding for Your Educational Organization
Complete the form below to learn how participation-based scholarship funding may support your school district, college, or educational organization.
A SIMRP Health & Wellness Advisor will contact you to explain how the scholarship contribution works and answer your questions.
PARTICIPATION-BASED SCHOLARSHIP FUNDING
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SIMRP Health & Wellness™ is an independent entity that provides access to educational information regarding plans utilizing federally recognized tax codes and wellness reimbursement structures that may help qualifying organizations obtain benefits through payroll tax savings. We utilize the professional services of third-party providers for the preparation, filing, and implementation of SIMRP plan documents; however, we are not owned by, affiliated with, endorsed by, or acting on behalf of such providers, the Internal Revenue Service, the U.S. Department of Labor, or the federal government. The information provided on this website is for general educational and informational purposes only and should not be construed as tax, legal, accounting, financial, or regulatory advice. We are not tax professionals, attorneys, certified public accountants, or experts in the interpretation of tax law, and we do not recommend tax strategies or make guarantees regarding tax treatment, eligibility, savings, or compliance outcomes. Individuals and organizations seeking to verify or rely upon any information presented on this website should consult with qualified tax professionals, legal counsel, payroll specialists, or other licensed advisors regarding their specific circumstances before making any financial, tax-related, legal, or benefits decisions. BENEFITS: Plan benefits, features, service providers, eligibility requirements, and availability are subject to periodic change. Before implementation or enrollment, the applicable Plan provider will outline the benefits currently available under the Plan.
